Matrix Multifamily Baltimore Report-August 2022 August 30, 2022

Baltimore Persists Through Headwinds

Baltimore’s multifamily rents grew 9.4 percent year-over-year, to $1,664. Both transactions and construction activity cooled off after an exceptional 2021, with $1 billion generated by sales in the first half of the year and deliveries amounting to 0.3 percent of stock.